Opportunity Cost

Opportunity Cost

3rd Grade

7 Qs

quiz-placeholder

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Opportunity Cost

Opportunity Cost

Assessment

Quiz

Education

3rd Grade

Medium

Created by

Francis Conti

Used 2+ times

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7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

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What is Opportunity Cost?

The item you didn't choose

The item you chose

2.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

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What is Opportunity Cost?

What you lose by choosing something else

Losses from the sale of personal property

To estimate the price of an item

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

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In your own words: What is Opportunity Cost?

4.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

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Which is a good reason to spend money?

To purchase the new $300 Jordans

A new book

A new PS5

New toys

5.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

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Which is the best reason to save money?

To buy Robux

To purchase a reliable car

6.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

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Starting amount: $20

Cost: $8

What is your new total?

$12

$13

$11

$3

7.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

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Starting amount: $200

Cost: $34

What is you new total?

$166

$234

$163

$267